{"id":7631,"date":"2022-01-13T13:10:48","date_gmt":"2022-01-13T13:10:48","guid":{"rendered":"https:\/\/www.esgtoday.com\/?p=7631"},"modified":"2022-01-13T13:10:51","modified_gmt":"2022-01-13T13:10:51","slug":"ing-invests-in-sustainable-energy-innovation-and-investment-platform-eit-innoenergy","status":"publish","type":"post","link":"https:\/\/www.esgtoday.com\/ing-invests-in-sustainable-energy-innovation-and-investment-platform-eit-innoenergy\/","title":{"rendered":"ING Invests in Sustainable Energy Innovation and Investment Platform EIT InnoEnergy"},"content":{"rendered":"\n<p>Amsterdam-based global bank ING announced today an investment in EIT InnoEnergy, becoming the first financial institution shareholder in the sustainable energy-focused innovation and investment platform.<\/p>\n\n\n\n<p>Launched in 2010, and supported by the European Institute of Innovation and Technology (EIT), EIT InnoEnergy is one of the largest climate tech and renewable energy tech investors, backing innovations across areas including energy storage, transport and mobility, renewables and sustainable buildings and cities. Since inception, EIT InnoEnergy has invested \u20ac560 million in over 380 companies. Other shareholders include Volkswagen, TotalEnergies, Naturgy, and EDF.<\/p>\n\n\n\n<p>Jacob Ruiter, CEO EIT InnoEnergy Benelux said:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote\"><p>\u201cSustainable innovations that support the energy transition \u2013 like green hydrogen or battery technologies \u2013 also depend on banks and companies working together and investing in a green future. ING\u2019s pioneering commitment to sustainable energy through its investment into EIT InnoEnergy is a pivotal one for us as we move into 2022. Together, with major financial and industrial businesses we are making significant impact towards affordable energy which is accessible globally while reducing emissions.\u201d<\/p><\/blockquote>\n\n\n\n<p>The investment follows the <a href=\"https:\/\/www.esgtoday.com\/ing-to-align-loan-portfolio-with-1-5c-climate-goal-joins-net-zero-banking-alliance\/\">announcement last year<\/a> by ING that it has joined the Net-Zero Banking Alliance, and committed to orient its loan book towards aligning with a maximum global temperature rise of 1.5\u00b0C. The bank utilizes a \u201cTerra approach\u201d to align financing activities with global climate goals, assessing the technology shifts needed across various sectors in order to achieve the 1.5\u00b0C target. With today\u2019s announcement, ING said that the new investment demonstrates the company\u2019s commitment to support the energy transition.<\/p>\n\n\n\n<p>Gido van Graas, global head of New Energy Technologies at ING said:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote\"><p>\u201cI am extremely proud that ING and our Sustainable Investment Fund became part of EIT InnoEnergy\u2019s ecosystem, supporting the decarbonisation of society. Sustainability, energy innovations and the energy transition are focus areas at ING, as demonstrated by our commitment to the Net-Zero Banking Alliance and how we\u2019re aligning our portfolio with net-zero climate goals, for example. Partnering with EIT InnoEnergy is a major opportunity to further support the energy transition through new and clean energies like battery storage, green hydrogen and solar PV.\u201d<\/p><\/blockquote>\n<!--themify_builder_content-->\n<div id=\"themify_builder_content-7631\" data-postid=\"7631\" class=\"themify_builder_content themify_builder_content-7631 themify_builder tf_clear\">\n    <\/div>\n<!--\/themify_builder_content-->\n<span class=\"et_bloom_bottom_trigger\"><\/span>","protected":false},"excerpt":{"rendered":"<p>Amsterdam-based global bank ING announced today an investment in EIT InnoEnergy, becoming the first financial institution shareholder in the sustainable energy-focused innovation and investment platform. Launched in 2010, and supported by the European Institute of Innovation and Technology (EIT), EIT InnoEnergy is one of the largest climate tech and renewable energy tech investors, backing innovations [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":7632,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[36,30],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>ING Invests in Sustainable Energy Innovation and Investment Platform EIT InnoEnergy - ESG Today<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.esgtoday.com\/ing-invests-in-sustainable-energy-innovation-and-investment-platform-eit-innoenergy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ING Invests in Sustainable Energy Innovation and Investment Platform EIT InnoEnergy - ESG Today\" \/>\n<meta property=\"og:description\" content=\"Amsterdam-based global bank ING announced today an investment in EIT InnoEnergy, becoming the first financial institution shareholder in the sustainable energy-focused innovation and investment platform. Launched in 2010, and supported by the European Institute of Innovation and Technology (EIT), EIT InnoEnergy is one of the largest climate tech and renewable energy tech investors, backing innovations [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.esgtoday.com\/ing-invests-in-sustainable-energy-innovation-and-investment-platform-eit-innoenergy\/\" \/>\n<meta property=\"og:site_name\" content=\"ESG Today\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ESGToday\/\" \/>\n<meta property=\"article:published_time\" content=\"2022-01-13T13:10:48+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-01-13T13:10:51+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.esgtoday.com\/wp-content\/uploads\/2022\/01\/ING.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"534\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Mark Segal\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@EsgToday\" \/>\n<meta name=\"twitter:site\" content=\"@EsgToday\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mark Segal\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.esgtoday.com\/ing-invests-in-sustainable-energy-innovation-and-investment-platform-eit-innoenergy\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.esgtoday.com\/ing-invests-in-sustainable-energy-innovation-and-investment-platform-eit-innoenergy\/\"},\"author\":{\"name\":\"Mark Segal\",\"@id\":\"https:\/\/www.esgtoday.com\/#\/schema\/person\/cca7a2b05e3a06d096e5740fb1433a01\"},\"headline\":\"ING Invests in Sustainable Energy Innovation and Investment Platform EIT InnoEnergy\",\"datePublished\":\"2022-01-13T13:10:48+00:00\",\"dateModified\":\"2022-01-13T13:10:51+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.esgtoday.com\/ing-invests-in-sustainable-energy-innovation-and-investment-platform-eit-innoenergy\/\"},\"wordCount\":356,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.esgtoday.com\/#organization\"},\"articleSection\":[\"Energy Transition\",\"Sustainable Finance\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.esgtoday.com\/ing-invests-in-sustainable-energy-innovation-and-investment-platform-eit-innoenergy\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.esgtoday.com\/ing-invests-in-sustainable-energy-innovation-and-investment-platform-eit-innoenergy\/\",\"url\":\"https:\/\/www.esgtoday.com\/ing-invests-in-sustainable-energy-innovation-and-investment-platform-eit-innoenergy\/\",\"name\":\"ING Invests in Sustainable Energy Innovation and Investment Platform EIT InnoEnergy - 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